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News
March 16, 2009 02:00 AM

Top Unsecured Creditors

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    Milacron Inc.'s Chapter 11 bankruptcy filing lists the 40 largest unsecured creditors, suppliers that are owed a total of $16.4 million.

    The top creditor is the Pension Benefit Guaranty Corp. of Washington, but the amount of the claim is listed as “unknown.”

    Fanuc Ltd. is second with a claim of $6.7 million. Under a long-standing agreement, the Japanese press builder supplies all-electric injection presses that Milacron distributes in the United States as Roboshot machines.

    The 38 other creditors are all owed less than $1 million. They include:

    * Bosch Rexroth Corp., the Bethlehem, Pa., maker of drives and motors. ($757,805)

    * Robot and auxiliary equipment supplier Wittmann Inc. of Torrington, Conn. ($523,385)

    * Chen Hsong Group, the Hong Kong-based injection press maker. ($489,510)

    * Fanuc Robotics America Inc. of Rochester Hills, Mich. ($219,095)

    * Tempco Electric Heater Corp. of Wood Dale, Ill. ($193,102)

    * Auxiliary equipment maker Maguire Products Inc. of Aston, Pa. ($185,924)

    * Screw and barrel maker Xaloy Inc. of Pulaski, Va. ($176,736)

    * Rex Materials Inc. of Fowlerville, Mich., which makes ceramic fiber insulation used for barrel heaters. ($171,635)

    * Hotset Corp., a Battle Creek, Mich., supplier of coil and cartridge heaters. ($153,260)

    * Controls maker Siemens Energy & Automation Inc. of Lebanon, Ohio. ($140,911)

    * Multiject LLC, a Rochester, Mich., supplier of injection units and rotary tables for multishot molding ($131,728)

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